Amazon Advances Machine Learning Effort with Reported Orbeus AI Acquisition, Inc. (NASDAQ:AMZN) completed a discrete acquisition, last fall, when it took over Sunnyvale California-based artificial-intelligence (AI) startup Orbeus Inc. Bloomberg cites sources that claim that Amazon has absorbed almost all of Orbeus’ workforce in its own teams though the financial terms of the acquisition deal remain undisclosed. Orbeus is known for applying machine-learning tools on image processing. Prior to its takeover by Amazon, Orbeus had an AI tool under development that could use neural networks to identify, and categorize the content in various images. Its customers were mostly developers, who could purchase its image-processing application programming interface (API) called, ReKognition. The startup also designed an Android and iOS app called, PhotoTime which helps tag photos instantly. Amazon has not officially confirmed the takeover, and Yi Li Orbeus CEO has…

Link to Full Article: Amazon Advances Machine Learning Effort with Reported Orbeus AI Acquisition

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